Friday, October 16, 2026

Technicals

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Nikkei reverses gains seen earlier, weighs on USD/JPY

Nikkei close 18,585.20, -18.28 pts, fresh 18,648.77 trend high earlier. 18,552.81 low of session into the close. USD/JPY weighed by late Nikkei weakness again, back towards 118.62 low earlier. USD/JPY sees few flows and …

By Meredith J C Warren
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Nikkei close 18,585.20, -18.28 pts, fresh 18,648.77 trend high earlier.

  • 18,552.81 low of session into the close.

  • USD/JPY weighed by late Nikkei weakness again, back towards 118.62 low earlier.

  • USD/JPY sees few flows and far between post-Tokyo fix.

  • Supports below at 118.56, 118.30, 118.00-10, bids head down, 119.00 offers. 

 

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